A NEW TAKE ON THE QUALITY PROBLEM

Cannabis educator and personality Jonathan Hirsh proposed a new explanation for why so much LP REC arrives dry and crunchy.

  • “Clearly we have a hydration problem when it comes to legal product,” he said. “Great cannabis involves curing properly and packaging it properly, then shipping it out. If it’s grown and cured properly, and stored and packaged properly, there should be no issue in the products consumers are buying.”

Hirsh told me he’d met a packaging producer who was excited about the benefits of standard LP packaging—which he said was non-airtight, in order to allow the product to cure en route. (“Like a tomato,” Hirsh said, picked before ripeness, and ripening in transit.).

  • Hirsh said this should work in theory, “Yet the product ends up crunchy.” Many REC products are shipped with moisture packs designed to never get palpably dry and crunchy—even as they do run out of moisture, particularly in non-airtight containers.
  • A lack of airtightness is the problem, yet LPs are motivated by the desire to ship products as quickly as possible (rather than storing them to cure them). Hirsh said “storage and time” are money losers for LPs.

Quick Hits

  1. An American publication said Canada’s three greatest “legalization missteps” were stocks traded “on fantasy,” Ontario and Quebec’s slow rollout of REC retail stores, and the delay in bringing edibles to market.
    Green Entrepreneur
  2. Veterans and retired RCMP officers are now eligible for up to a $300 reimbursement on MED vaporizers from Veterans Affairs Canada.
    Health Europa

BEHOLD: THE NUCLEAR BONG

The founder of a Bay Area company called Silicon Cali posted a video of bong it is developing called The Reactor, which enables the soon to be vaporized concentrate to float in mid-air.

It supposedly uses levitation technology invented for nuclear power plants and “takes dabs to a level man isn’t ready for,” according to a Reddit commenter. Weedmaps featured the bong in a post on consumer trends.

Quick Hit

  1. Christian-themed cartoon series “Veggie Tales” created a cannabis character, Cannabis Carl, jokes satire site Babylon Bee.
  2. Following negotiations with the player’s union, the NFL appears likely to adopt a more lenient cannabis policy.
    Washington Post

IBOGA: THE NEXT MED HALLUCINOGEN?

A German company called Atai Life Sciences is about to test ibogaine, a hallucinogenic compound modeled on the extract of an African plant, as a treatment for opioid addiction.
Bloomberg

  • The company has backing from Silicon Valley tycoon Peter Thiel.
  • “In some circles, psychedelics are still associated with escape from the real world and irresponsible extravagance,” Thiel said in an email. “With FDA-controlled studies, we will come to see that their most powerful use brings people to mental health and sober sanity in a medical setting.”
  • Studies have found ibogaine reduces symptoms of opioid withdrawal more effectively than methodone.
  • “Patients have described their experience as a sobering trip that visualizes the negative consequences of drug abuse,” an executive with Atai partner DemeRx said. The procedure requires 24 hours of clinical monitoring since ibogaine has been linked to heart side effects.

Quick Hit

  1. An Oregon company called Silo Wellness has designed a “magic-mushroom nasal spray” intended for medical uses.

LARGEST U.S. TRIBAL NATION COULD GO GREEN

The Cherokee Nation, the largest Native American tribe in the U.S., is studying whether to enter the cannabis industry.
AP

  • The tribe is based in Oklahoma, which has a freewheeling MED industry.
  • The Paiute are the only U.S. tribe I’m aware of which has entered the industry. It runs the NuWu Cannabis Marketplace in Las Vegas, one of the world’s largest dispensaries.

Quick Hit

  1. After several delays, Mexico could legalize REC in April.
    Marijuana Moment

YOUNG CANNABIS USERS BECOME WORSE DRIVERS: STUDY

A study found people who started using cannabis before age 16 exhibited poorer driving performance even when they are sober.
Boston Globe

  • The study “found heavy cannabis users using a driving simulator hit more pedestrians, missed more stop signs and red lights, drove faster, and left their lane more often than non-users, even after abstaining from the drug for at least 12 hours.”
  • However, those who took up cannabis after age 16 didn’t exhibit the same behaviors.
  • It was the first study to find poor driving performance by cannabis users when they are not actively high.

CANN SCOOPS UP $5M

Trendy drink brand Cann raised $5M to compete in California’s increasingly crowded infused beverages space.
TechCrunch

  • The company says it has sold 150,000 cans of its “social tonics” since they debuted in May.
  • Investors include Imaginary, an early stage VC fund started by the founder of the Net-a-Porter group, and cannabis company JM10.

40+ STATES

More than 40 U.S. states could legalize some form of cannabis by the end of 2020, further straining the contradictions of federal illegality, Mona Zhang writes in Politico.

The piece also has updates on possible REC legalization in New Mexico, New Jersey, New York, Connecticut, Arizona, Oklahoma, Missouri, Montana and South Dakota. MED is on the table in some of the country’s most conservative states: Kansas, Idaho and Mississippi.

  • REC won’t be legalized in Ohio or Florida this year. Marijuana Policy Project‘s Matthew Schweich said campaigns cost less money in smaller states and each comes with two U.S. Senators.

DATA BREACH EXPOSED INFO ON 30,000 CANNABIS BUYERS

A team of online privacy researchers discovered a data breach which exposed the personal information of more than 30,000 cannabis customers. The breach affected THSuite, a cannabis software company which was apparently storing the information in an unsecured “bucket.”
VPNMentor

TRUMP ADMIN’S CANNA-CURIOSITY

President Trump’s daughter Ivanka and her husband, senior Trump advisor Jared Kushner, attended a small October 2018 dinner with unnamed leaders in the cannabis industry, according to Lev Parnas, a former associate of Trump’s lawyer Rudy Giuliani, who has been indicted on campaign finance charges and is now cooperating with law enforcement.
The Daily Beast

  • The industry figures “wanted Jared to be more involved, maybe help push the agenda with the president because they felt that that was something he needed to be more lenient on,” Parnas said. 
  • A dinner attendee said Trump and Kushner recognized that “the tension between federal and state marijuana laws needs work.”

Parnas also spoke with Trump directly about marijuana in an April 2018 conversation Parnas secretly recorded.
Tom Angell — Forbes

  • Trump said the drug makes people “lose IQ points” and that they “have more accidents” in Colorado.
  • Trump seemed to express surprise that cannabis companies can’t access banks, adding, “I don’t know if that’s a good thing or a bad thing.”
  • Regarding legalization, Parnas said “It’s so far out you’re not going to stop it” and suggested federal reform could help with the midterm elections. Trump did not respond directly.
  • In the recording, Donald Trump Jr. can be heard saying “alcohol does much more damage” than cannabis and that “You don’t see people beating their wives on marijuana…It’s just different.”
  • Parnas’ lawyer Joseph Bondy is also involved in a case challenging cannabis’ federal illegality.
    Marijuana Moment

Do you know anything about connections between the administration and the cannabis industry? I want to hear about them and will protect your identity: alexhalperin@protonmail.com.

For a wider ranging conversation of the extraordinary recording, see the New York Times.

Quick Hit

  1. MJBiz looks at the prospects for federal reform in 2020. The short version: Banking has the best shot. Marijuana Moment has more on the banking situation.